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The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, and Africell Holdings Limited has signed a commitment letter for US$100mn to expand access to telecommunications in Africa

Safaricom, Kenya’s leading mobile network operator and provider of M-PESA, and the Western Union Company, a leader in cross-border and cross-currency money movement, have partnered to unlock global money transfers for more than 28mn mobile wallet holders, by leveraging Western Union® global money movement platform

Telecoms operators can take advantage of the AI revolution by optimising their own business activities and acting as ‘technical’ AI platform enablers for other industries, which are expected to spend US$15bn annually on AI business operations by 2021

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